No. The value of the lots is the value of the lots. The homes have no bearing on it. If the lot rent is $225, then that’s all you have to work with on the park side of the equation, regardless of what the houses rent for or sell for.
No. The value of the lots is the value of the lots. The homes have no bearing on it. If the lot rent is $225, then that’s all you have to work with on the park side of the equation, regardless of what the houses rent for or sell for.